Breathing space for the company to restructure financially - and protection for creditors at the same time. The debt restructuring moratorium as a central instrument of restructuring law is still all too little known and familiar, but is a proven, balanced and powerful instrument for companies in financial crises.
Read moreMLaw Kim Nguyen, trainee lawyer at Wicki Partners AG, co-authored the article "Der Wechsel vom Konkursverfahren in ein Nachlassverfahren nach der Konkurseröffnung - sanieren, was saniert werden kann", which will be published in the October issue of 'Aktuelle Juristische Praxis (AJP/PJA)'.
Read moreToday, there is no clear legal regulation on the handling of data in bankruptcy in debt collection and bankruptcy law. If a customer wants to have access to his data in bankruptcy, he has to rely on the goodwill of the bankruptcy office. There is therefore no entitlement to the continued operation of a data centre in bankruptcy so that the data can be migrated.
Read morePractitioners are well advised to ignore the notarial Corona time limit in judicial matters of debt enforcement and bankruptcy law.
Read moreThe legal standstill pursuant to Art. 62 SchKG comes into force on 19 March 2020 at 07:00h and applies until 4 April 2020 at 24:00h. During this time, no debt collection actions can be taken...
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